At Coral Vision, we’ve been closely monitoring the evolution of the LED display market, particularly in the European region. According to a recent report by MarketsandMarkets, the European LED display market is expected to grow from $2.3 billion in 2023 to $3.1 billion by 2028, at a CAGR of 6.3% during the forecast period. The landscape has become increasingly diverse, with a vast array of brands and dot pitch options available, catering to the diverse needs of our corporate clients. The technology has undergone significant advancements, allowing for improved image quality, reduced pixel sizes, and the ability to compete with traditional single-monitor or video wall installations.
One of the key benefits of LED displays is their versatility. These products are particularly well-suited for reception areas, where they can create a striking and impactful visual experience for visitors. But the use of LEDs can extend beyond a display or monitor. Lats year we worked with the TUC to integrate a large scale lighting system utilising colour changing LEDs. These lights provide ambient lighting for the conference room, which can be rented by various organisations and businesses. You can control the lights with a simple app, which allows you to set the lighting scenes to match corporate logos and colours. This way, you can create the perfect meeting ambiance for the event, presentation, workshop, or seminar.
A Christmas themed light show:
Read more about this installation here: https://www.coralvision.co.uk/2024/01/lighting-project/
In addition to reception areas and event spaces, LED displays have a wide range of applications in corporate environments. They can be used in boardrooms for presentation and collaboration, in wayfinding systems to guide visitors through buildings, and in digital signage to display important information and announcements. Within growing popularity of LED displays, the market has also witnessed a shift towards larger screen sizes. The advancements in pixel density and display technology have enabled the creation of massive LED screens that can easily compete with traditional video walls or multiple-monitor setups. This trend has been particularly evident in high-profile events, where large-scale LED displays have become a must-have element to create a truly mesmerizing and unforgettable experience.
Read more here: https://www.avinteractive.com/news/displays/global-sales-of-led-displays-grew-6-in-2023-to-9-0bn-09-10-2024/